Is 78209, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 78209 was a Seller's Market.
Housing Prices in 78209, TX
How much do homes in 78209, TX cost?
Median Sold Price
$460,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 78209 was $460,000 in April 2024, up 0.4% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.2K | $143K | +3.4% |
2 Bedrooms | $277.5K | $274.9K | -0.9% |
3 Bedrooms | $486.7K | $479K | -1.6% |
4 Bedrooms | $725.9K | $688.7K | -5.1% |
5+ Bedrooms | $936K | $1.3M | +46.9% |
Summary: 78209 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 46.9%.
Housing Supply in 78209, TX
How many homes are available in 78209, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
323 | 342 | +5.9% |
Summary: The 78209 real estate market had 342 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 19 | 30 | +57.9% |
2 Bedrooms | 86 | 82 | -4.7% |
3 Bedrooms | 138 | 139 | +0.7% |
4 Bedrooms | 65 | 76 | +16.9% |
5+ Bedrooms | 15 | 15 | 0.0% |
Summary: The 78209 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.9%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 57 | +14.0% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in 78209 in April 2024, up by 14.0% month-over-month. Of the 57 sold homes, 67% were sold under asking, 23% were sold at asking, and 11% were sold over asking.
Days on Market for 78209, TX
How long does it take to sell a home in 78209, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 63 Days | +19.7% |
Summary: Homes in 78209 had an average of 63 days on market in Apr 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 57 homes were sold in 78209; 42% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.